Ontario · Bankruptcy

4927-1562-1948 v2 Motion Record (Monitor) 30-Apr-2025

Application / notice of application · 30 April 2025

AI summary

A plain-English summary drawn only from this filing: what it is, why it matters, and the parties, amounts and dates it turns on.

What we verified from this filing1 verified

secured creditorsnote: Amount described in the endorsement as 'approximate'; indebtedness also guaranteed by a personal guarantee from Michael Wekerle, principal of the Debtors (personal guarantor - individual name for reference only). Last payment received June 2021; Repayment Date set to October 15, 2024 per fourth amending agreement. · page: 39 · as of: January 17, 2025 (date of formal demand and s.244 BIA notice) · amount: 55000000 · debtor: El Mocambo Entertainment Inc., El Mocambo Productions Inc., and 2446928 Ontario Inc. (formerly Elmorealty Inc.) - jointly and severally · creditor: Waygar Capital Inc., as agent for Ninepoint Canadian Senior Debt Master Fund LP · currency: CAD · security: First ranking security interest under the Credit Agreement (amended and restated loan agreement dated June 5, 2020, as amended, including fourth amending agreement)